Samsung Heavy develops new LNG carrier design

South Korean shipbuilding giant Samsung Heavy Industries has developed new designs for LNG carriers and containerships.

SHI is currently marketing the new designs in Greece and other European countries such as Italy and the UK.

The shipbuilder said in a statement it held a technical seminar in Athens on May 17 to showcase the new designs.

A total of 35 companies, including major shipowners such as Minerva, Gaslog, Shell, and TotalEnergies, as well as classification societies, attended the roadshow, SHI said.

During the seminar, SHI unveiled the “3 Cargo Tank LNGC” and the “Eco Container Ship” designs for the first time.

SHI said the three-tank LNG tanker design would help to increase efficiency compared with four cargo tank vessels.

Currently, LNG carriers with a capacity of about 174,000 cbm or more feature four LNG tanks.

Samsung Heavy develops new LNG carrier design
Image: Samsung Heavy Industries

The new design would make it possible to reduce the boil-off rate by more than 5 percent and would also help to “significantly” reduce maintenance cost, SHI claims.

The shipbuilder said it developed the design with French LNG containment giant GTT and won an approval in principle for the design from Lloyd’s Register.

In October 2022, GTT secured approvals from DNV and BV for its three-tank LNG tanker design aimed at increasing the profitability and overall performance of the vessel.

GTT said at the time it hopes to see this concept become standard in the future.

Most Popular

Spot LNG shipping rates slightly up, European prices jump

Spark30S Atlantic freight rates increased by $1,250 to $24,750 per day, and Spark25S (Pacific) increased by $250 to $21,750, Qasim...

LR: alternative-fueled ship orders rose 50 percent in 2024

Orders for vessels capable of using alternative fuels rose more than 50 percent in 2024, according to classification society...

Enagas: Spanish gas consumption down 4.2 percent in 2024

In 2024, total natural gas consumption amounted to 311.7 TWh, Enagas said on Thursday. The decrease is mainly due to...

More News Like This

LR: alternative-fueled ship orders rose 50 percent in 2024

Orders for vessels capable of using alternative fuels rose more than 50 percent in 2024, according to classification society...

LNG carrier orders climb in 2024

The data shows there were at least 78 orders for large LNG carriers in 2024. This compares to about 68...

GTT CEO: LNG carrier replacement market poised for significant growth

Choimet officially took over as GTT CEO in June this year and has since then been on the road...

GTT gets OK for three-tank LNG carrier design

LR announced the approval in principle for the LNG carrier design in a statement on Wednesday. According to the classification...